Automobile Cars
India’s retail automobile sector recorded a 5.2% year-on-year growth in September 2025, supported by GST cuts and festive season demand, according to the Federation of Automobile Dealers Associations. Segment Performance Two-wheelers grew the most, rising 6.5% compared to last year. Passenger vehicles also performed strongly, with a 5.8% increase. Three-wheelers, however,
Automobile Cars
In a move that highlights India’s evolving investment strategy in the electric vehicle (EV) sector, the government has declined a $1 billion proposal from Chinese automaker BYD Co., while simultaneously paving the way for potential collaboration with U.S.-based Tesla Inc. The decision underscores New Delhi’s cautious stance toward Chinese investments, particularly in
Automobile Cars
India has decided to restrict market access for Chinese electric vehicle (EV) manufacturer BYD Co., citing strategic and security concerns. Union Commerce Minister Piyush Goyal stated that the government needs to be cautious about foreign investments, particularly from countries with which India shares land borders. He emphasized that, as of now, BYD’s entry into the